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We model international trade in renewable resources between a single buyer and competitive sellersas a Stackelberg differential game. The buyer uses unit and ad valorem tariffs to indirectly encourageconservation of the renewable resource under study. First, we show that the efficacy of these...
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We study the implications of the interaction between human capital and knowledge spillovers for one kind of semi-endogenous economic growth in a region. We focus on two cases. In the first (second) case, there is no growth (growth) in the stock of human capital but knowledge spillovers are...
Persistent link: https://www.econbiz.de/10010995255
We theoretically analyze unbalanced growth in an urban economy arising from the preferences of the creative class concerning the relative desirability of agricultural, manufacturing, and service goods. We study two cases. In the first case, the production functions for the three categories of...
Persistent link: https://www.econbiz.de/10010849034
We analyze a model of trade between two heterogeneous regions that are creative in the sense of Richard Florida. One region is larger than the other region in terms of its endowment of creative capital. Each region produces a single final good with inputs 1 and 2 that are traded. There is...
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